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Energy

  • Siemens Gamesa finalises sale of renewable assets to SSE for €613m

    September 2, 2022

    Siemens Gamesa has completed the sale of its South European renewables development assets to SSE in a €613m deal.

  • Westminster push for North Sea fossil fuels slammed by climate groups

    September 2, 2022

    Climate groups have criticised Westminster's latest attempts to boost oil and gas production in the North Sea.

  • Banks and energy companies should share burden of record energy bills

    September 1, 2022

    Banks and energy companies shareholders should help finance a sustained freeze on record household energy bills.

  • Energy UK backs scheme to cut down profits from renewable generators

    September 1, 2022

    Energy UK has called for nuclear plants and electricity generators to ditch their lucrative renewable obligation contracts.

  • EU considers bloc-wide tax on energy prices as winter crisis deepens

    September 1, 2022

    The EU could bring in a bloc-wide tax on energy profits and cap prices as it ramps up its response to an escalating winter crisis.

  • Ovo Energy proposes ‘progressive’ support package to ease record bills

    September 1, 2022

    The boss of Ovo Energy has called for a "progressive" support package to ease household energy bills, similar in design to the country's income tax system.

  • Exclusive: Green groups call for red-tape cuts to ramp up onshore wind

    September 1, 2022

    Environmental groups and green think tanks have urged the Government to cut red-tape blocking onshore wind projects.

  • World’s largest wind farm launched off Yorkshire coast

    August 31, 2022

    Ørsted has launched the world’s biggest fully-operation wind farm, 89km off the Yorkshire coast. The launch of the 1.3 GW Hornsea 2 project has seen Ørsted break its previous record, which the Danish firm previously set by launching its 1.2 GW Hornsea 1 windfarm in 2019. Ørsted’s UK chief Duncan Clark said the Hornsea 2 [...]

  • Europe braces for winter crisis as Gazprom halts flows from Nord Stream pipeline

    August 31, 2022

    Gazprom has halted gas flows into the Nord Stream 1 for the next three days to complete maintenance work on the key pipeline.

  • Poorly insulated households to pay over £700 more on rising energy bills

    August 31, 2022

    Poorly insulated households will see their energy bills rise over £700 more than energy users living in more efficient properties.

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